Yet another fundamentally-sound company, and in a very powerful sector of solar energy, that is being beaten down by the bad market. Good shorting opportunity, however.
Some technicals from my chart: 1) The symmetrical triangle-like trend line was broken hard today in a big sell-off. This sell-off also broke the 50-day moving average line. These both indicate heavy selling and possibly more to come. 2) RSI took a dive into the distribution range below 50. 3) MACD takes a sharp turn towards a possible bearish cross-over. So if the stock doesn't receive any buying power within the next day or two and keeps sliding down, this would indicate a prolonged bearish trend with the MACD cross-over being confirmed. 4) 3 consecutive distribution days with increasing volume indicate selling momentum and lower prices to come.
This is a good candidate for shorting, but could see some upside buying due to such a large decline in price and people buying the stock up based on it being "undervalued."
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, said Kim jong il views on north Korea's visit was the education domestic cadres, let them experience the great achievements of China's reform and opening up for north Korea, and provide reference for future policy conversion.
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, said Kim jong il views on north Korea's visit was the education domestic cadres, let them experience the great achievements of China's reform and opening up for north Korea, and provide reference for future policy conversion.
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, said Kim jong il views on north Korea's visit was the education domestic cadres, let them experience the great achievements of China's reform and opening up for north Korea, and provide reference for future policy conversion.
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, said Kim jong il views on north Korea's visit was the education domestic cadres, let them experience the great achievements of China's reform and opening up for north Korea, and provide reference for future policy conversion.
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